Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Abney Foundation is a private trust based in ANDERSON, SC. The foundation received its IRS ruling in 1959. It holds total assets of $51.3M. Annual income is reported at $38.4M. Total assets have grown from $40.1M in 2011 to $51.3M in 2024. The foundation is governed by 8 officers and trustees. Tax records are available from 2020 to 2024. Grantmaking is concentrated in South Carolina. According to available records, Abney Foundation has made 127 grants totaling $8.2M, with a median grant of $15K. The foundation has distributed between $1.9M and $2.3M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2.3M distributed across 43 grants. Individual grants have ranged from $4K to $1.9M, with an average award of $65K. The foundation has supported 57 unique organizations. Grants have been distributed to organizations in South Carolina and North Carolina. Contributions to this foundation are tax-deductible.
The Abney Foundation, established in 1957 by Susie Mathews Abney, operates as a quiet, conservative private trust with deep roots in Anderson, South Carolina. With $51.3 million in assets and annual grants paid of approximately $2.0-2.3 million, it is the largest independent grantmaker based in Anderson County and one of the most significant private funders in Upstate South Carolina.
The foundation's giving philosophy centers on community stability over transformation. It consistently funds organizations with multi-year track records, demonstrated local impact, and clear connections to Anderson County's residents. Higher education is the top priority by a wide margin — scholarship endowments at 15 South Carolina colleges and universities command the largest individual grants, and the combined endowment across partner institutions now exceeds $64.9 million. Beyond education, the foundation invests in a tight cluster of Anderson County social service providers, faith-based organizations, and health nonprofits it has supported repeatedly across three or more grant cycles.
First-time applicants should understand that Abney does not operate with a competitive open RFP cycle in the traditional sense. The board of seven trustees meets just once per year in December and reviews proposals submitted by the November deadline. This compressed timeline, combined with the foundation's decades-long relationships with anchor grantees like Anderson Emergency Kitchen, Anderson Free Clinic, and Tri-County Technical College, means newcomers compete for limited discretionary dollars against deeply embedded incumbents.
The most viable entry point for organizations not already in Abney's portfolio is the Letter of Intent (LOI), which the foundation explicitly invites before full proposals. Submitting an LOI in September gives staff time to gauge fit and potentially guide organizations toward stronger alignment before the November deadline. For organizations serving Anderson County with clear 501(c)(3) status, a compelling community need, and existing board-approved programming, Abney represents a highly credible funding relationship — but one built on trust earned over time rather than a single proposal.
The foundation does not fund general operating expenses, does not make grants to individuals, and strongly prefers organizations serving South Carolina residents, with a demonstrated preference for Anderson County and the broader Upstate region.
Grants paid by the Abney Foundation have remained remarkably stable over the past decade, ranging from a low of $1,855,000 (FY2019) to a high of $2,270,000 (FY2022), with a trailing three-year average of approximately $2.1 million annually. Total giving — including program-related expenditures beyond direct grants — averaged $2.8 million per year from FY2019 through FY2023. As of FY2024, total assets grew to $51.3 million (an 18% increase from FY2019's $45.1 million), driven by net investment income that historically exceeds $4 million per year, as in FY2023 ($5,705,563) and FY2022 ($4,403,860).
Typical grant size data shows a median of $15,000 and a mean of $46,349, but these figures are heavily skewed by scholarship endowment grants. Among the top 50 grantees in the database, totals over multiple years ranged from $10,000 (several small community grants) to $850,000 (Muschollings Cancer Center across three grants). For scholarship endowments specifically, single institutional commitments over multi-year periods ran $100,000-$550,000: Anderson University ($550,000), Claflin University ($450,000), Clemson University ($400,000), Tri-County Technical College ($350,000), Presbyterian College ($275,000), and Lander University ($275,000).
For community organizations — the segment most accessible to new applicants — grants typically run $10,000-$75,000 annually: Anderson Free Clinic received $90,000 across three grants (~$30,000/year); Meals on Wheels received $75,000 across three grants (~$25,000/year); Shalom House Ministries received $47,000 across three cycles; and Habitat for Humanity received $40,500 across three grants.
Geographically, 97.6% of tracked grant dollars (124 of 127 grants) went to South Carolina organizations, with the small remainder in North Carolina. Program area breakdown (estimated from grantee data): higher education 45-50% of dollars; social services and food security 20-25%; faith-based ministries 10-15%; health services 8-10%; youth programming, arts, and animal welfare comprising the remaining 5-10%.
The Abney Foundation occupies a distinctive position among Upstate South Carolina private funders: larger than most locally-focused county foundations yet smaller and more geographically concentrated than statewide community foundations. Asset and giving figures below are approximate, drawn from publicly available 990 filings.
| Foundation | Assets (approx.) | Annual Giving (approx.) | Primary Focus | Application |
|---|---|---|---|---|
| Abney Foundation (Anderson, SC) | $51.3M | $2.0-2.3M | Higher ed, social services, Anderson/SC | Open, written proposals |
| Fullerton Foundation (Gaffney, SC) | ~$150M | ~$5-7M | Education, religion, community, Upstate SC | Relationship/invited |
| Self Family Foundation (Greenwood, SC) | ~$110M | ~$4-5M | Community dev, health, SC Piedmont | LOI required |
| Spartanburg County Foundation | ~$60M | ~$3-4M | Education, arts, health, Spartanburg County | Open, LOI required |
| Central Carolina Community Foundation (Columbia, SC) | ~$200M | ~$10M | Broad community, statewide SC | Open competitive |
Abney is smaller than the Fullerton and Self foundations but operates with similar geographic specificity and preference for established grantee relationships. Unlike community foundations, Abney maintains no formal competitive grant program — proposals are reviewed annually by a seven-trustee board, creating an intimate and relatively opaque decision-making process. Applicants pursuing Abney alongside Fullerton or Self should expect long relationship timelines with all three, but Abney's fixed November deadline and December board cycle makes sequencing straightforward.
No press releases or media announcements from the Abney Foundation were identified for 2025-2026 — the foundation maintains a deliberately low public profile consistent with its 69-year operating history. The foundation has no active social media presence and issues no public grant announcements.
The most current data point is the 2025-26 scholarship program, which enrolled 694 Abney Scholars across 15 partner institutions, bringing the all-time cumulative total to 20,501 scholars and $51,606,900 in scholarship awards. The combined scholarship endowment across partner institutions has crossed $64.9 million — a significant milestone indicating sustained capital growth over multiple decades.
On leadership, the foundation's seven-trustee board is chaired by John T. "Jay" Meehan, M.D., with Lisa C. McWherter, Ed.D. serving as both Vice Chair and Executive Director (compensated at $168,748 in the most recent filing). Carl T. Edwards, the former Executive Director, remains active as Executive Director Emeritus and Trustee. Bonnie K. Nash serves as Secretary/Treasurer. This Anderson-rooted leadership team has governed the foundation consistently for over a decade, suggesting no near-term change in giving priorities or geographic focus.
The FY2024 990 (filed October 22, 2025) reported total assets of $51,281,323 — up from $46,758,160 in FY2023 — the highest asset level since FY2021's $52,599,119 peak. This recovery positions the foundation for continued steady grant-making of $2.0-2.3 million annually through at least FY2026.
The Abney Foundation's annual-only review cycle and small trustee board create a very specific rhythm. Generic grant-writing advice does not apply here — these are the strategies that align with how Abney actually operates.
Submit an LOI in September, not October. The foundation explicitly welcomes Letters of Intent before full proposals. September submission gives staff roughly six weeks to assess fit before the November deadline. Keep the LOI to one page: identify the program, the community problem addressed, estimated cost, and your 501(c)(3) status. Send to info@abneyfoundation.org.
Use the foundation's own language. Their mission covers "innovative and creative projects... in the areas of health, social service, education and cultural affairs" that are "responsive to changing community needs." Mirror this framing. Avoid jargon like "capacity building," "systems change," or "ecosystem." Abney funds concrete service delivery, not theory of change narratives.
Never request general operating support. This is an explicit exclusion. Frame every request around a specific program, project, or equipment need with defined deliverables, a timeline, and a project-specific budget.
Anchor your case in Anderson County data. While technically accepting SC-wide applications, 97%+ of tracked grants went to Anderson County or immediate Upstate SC organizations. Applicants from elsewhere in SC must explicitly name Anderson County beneficiaries or justify their geographic relevance.
Prepare a complete board-resolution packet. Missing a single required element can sink an otherwise strong proposal. Required: board meeting minutes approving the request, original IRS 501(c)(3) determination letter, three professional references with names/titles/phone numbers, detailed project budget and annual operating budget (with assets, receipts, and expenditures), and a program evaluation methodology.
Mail early — do not courier on the deadline day. The deadline is 4:00 PM, first Monday in November, at 100 Vine Street, Anderson, SC 29621. Send certified mail at least five business days in advance. The foundation has a one-time annual review cycle — a missed deadline means a 12-month wait.
Plan for a multi-year relationship. The majority of Abney's repeat grantees have three or more funding cycles. A first grant, even a small one ($10,000-$20,000), is the foundation of a long-term partnership. Submit modest initial requests and grow the relationship before seeking major awards.
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
Smallest Grant
$4K
Median Grant
$15K
Average Grant
$46K
Largest Grant
$500K
Based on 43 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Grants paid by the Abney Foundation have remained remarkably stable over the past decade, ranging from a low of $1,855,000 (FY2019) to a high of $2,270,000 (FY2022), with a trailing three-year average of approximately $2.1 million annually. Total giving — including program-related expenditures beyond direct grants — averaged $2.8 million per year from FY2019 through FY2023. As of FY2024, total assets grew to $51.3 million (an 18% increase from FY2019's $45.1 million), driven by net investment in.
Abney Foundation has distributed a total of $8.2M across 127 grants. The median grant size is $15K, with an average of $65K. Individual grants have ranged from $4K to $1.9M.
The Abney Foundation, established in 1957 by Susie Mathews Abney, operates as a quiet, conservative private trust with deep roots in Anderson, South Carolina. With $51.3 million in assets and annual grants paid of approximately $2.0-2.3 million, it is the largest independent grantmaker based in Anderson County and one of the most significant private funders in Upstate South Carolina. The foundation's giving philosophy centers on community stability over transformation. It consistently funds orga.
Abney Foundation is headquartered in ANDERSON, SC. While based in SC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lisa C Mcwherter | VICE CHAIR | $169K | $55K | $224K |
| Bonnie K Nash | SECR/TREAS | $104K | $30K | $134K |
| Carl T Edwards | EXEC DIR EME | $41K | $9K | $50K |
| James E Sheriff | TRUSTEE | $8K | $0 | $8K |
| John T Meehan Md | TRUSTEE | $8K | $0 | $8K |
| John R Fulp Jr | CHAIRMAN | $0 | $0 | N/A |
| John R Fulp Iii | TRUSTEE | $0 | $0 | N/A |
| Lebrena F Campbell | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$51.3M
Fair Market Value
N/A
Net Worth
$51.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
127
Total Giving
$8.2M
Average Grant
$65K
Median Grant
$15K
Unique Recipients
57
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First LightTREATMENT AND SUPPORT SERVICES | Anderson, SC | $20K | 2023 |
| Anderson Emergency KitchenFACILITY PURCHASE ASSISTANCE | Anderson, SC | $300K | 2023 |
| Muschollings Cancer CenterSCHOLARSHIP ENDOWMENT | Charleston, SC | $250K | 2023 |
| Anderson UniversitySCHOLARSHIP ENDOWMENT | Anderson, SC | $200K | 2023 |
| Claflin UniversitySCHOLARSHIP ENDOWMENT | Orangeburg, SC | $200K | 2023 |
| Second Chance ChurchGENERAL SUPPORT | Anderson, SC | $150K | 2023 |
| Presbyterian CollegeSCHOLARSHIP ENDOWMENT | Clinton, SC | $100K | 2023 |
| Anderson County PawsSTAFFING NEEDS | Anderson, SC | $100K | 2023 |
| The CitadelSCHOLARSHIP ENDOWMENT | Charleston, SC | $100K | 2023 |
| Tri-County Technical CollegeENDOWMENT SCHOLARSHIP FUNDING | Pendleton, SC | $100K | 2023 |
| Lander UniversitySCHOLARSHIP ENDOWMENT | Greenwood, SC | $100K | 2023 |
| South Main Baptist ChurchGENERAL SUPPORT | Greenwood, SC | $44K | 2023 |
| The Salvation ArmyEMERGENCY SERVICES PROGRAMS | Anderson, SC | $40K | 2023 |
| Anderson Free ClinicHEALTHCARE SERVICES FOR LOW-INCOME | Anderson, SC | $30K | 2023 |
| Meals On WheelsRAW FOOD BUDGET | Anderson, SC | $25K | 2023 |
| Cancer Assoc Of AndersonCANCER CARE PROGRAM | Anderson, SC | $20K | 2023 |
| Anderson School Dist 5ASSISTANCE FOR HOMELESS STUDENTS | Anderson, SC | $20K | 2023 |
| Family Promise Of Anderson CountyASSISTANCE FOR HOMELESS | Anderson, SC | $18K | 2023 |
| South Main Chapel And Mercy CenterGENERAL SUPPORT | Anderson, SC | $18K | 2023 |
| Habitat For HumanityNEW HOME CONSTRUCTION | Anderson, SC | $15K | 2023 |
| United Way Of Anderson CountyWEEKEND SNACKPACK PROGRAM | Anderson, SC | $15K | 2023 |
| Etv Endowment Of ScPBS CHILDRENS PROGRAMMING | Spartanburg, SC | $15K | 2023 |
| Hospice Of The UpstateCHPN CERTIFICATION PROGRAM | Anderson, SC | $15K | 2023 |
| Haven Of Rest MinistriesFACILITIES UPGRADES | Anderson, SC | $15K | 2023 |
| Shalom House MinistriesREPAIRS/UPDATES | Belton, SC | $12K | 2023 |
| Second Harvest Food BankREPLACE PALLET SCALE | Charlotte, NC | $10K | 2023 |
| Anderson Area YmcaSCHOLARSHIPS FOR CHILDCARE, ETC. | Anderson, SC | $10K | 2023 |
| Blue Ridge Council BsaSUPPORT BSA PROGRAM IN ANDERSON CTY | Greenville, SC | $10K | 2023 |
| Girls Scouts Of Sc Mtns To MidlandGIRL SCOUT PROGRAM IN ANDERSON CTY | Greenville, SC | $10K | 2023 |
| Sc Governor'S School SciencemathSUMMER CAMP SCHOLARSHIPS | Columbia, SC | $10K | 2023 |
| The Period ProjectGENERAL SUPPORT | Greenville, SC | $10K | 2023 |
| Play SafeANDERSON COUNTY STUDENTS | Anderson, SC | $10K | 2023 |
| The Potter'S PlaceTHE GRIEVING POOL PROJECT | Central, SC | $5K | 2023 |
| The Lot ProjectREPAIRS AND MAINTENANCE | Anderson, SC | $5K | 2023 |
| Home With A HeartGENERAL SUPPORT | Liberty, SC | $5K | 2023 |
| Anderson School Dist 5 Educ FdtnDOLLY PARTON IMAGINATION LIBRARY | Anderson, SC | $5K | 2023 |
| Anderson Pregnancy CarePARENT AND ULTRASOUND TRAINING | Anderson, SC | $5K | 2023 |
| Champions Ctr For Special ChildrenTECHNOLOGY UPGRADES | Anderson, SC | $5K | 2023 |
| Clean StartGENERAL SUPPORT | Anderson, SC | $5K | 2023 |
| Calvary Home For ChildrenFOSTER CARE TRAINING | Anderson, SC | $4K | 2023 |
| Clemson UniversitySCHOLARSHIP ENDOWMENT | Clemson, SC | $250K | 2022 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC